25 September 2009
Hi , My Question is that the asessee is a manufacturing unit & purchase a Crane & used with in the factory for manufacturing purpose. whether he is eligible for claiming addional depreciation u/s 32(1)(iia)..& Pls describle the below line.This is one of the condition 4 claiming depreciation... "The condition of Acquisition & Installation of Plant & Machinery should be satisfied simultaneously"
CAclubindia
